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Konjunktur: Inflation könnte in den nächsten Monaten weiter ansteigen

Die Inflation ist im Juli auf 2,8 Prozent angestiegen. Eine Entspannung ist nicht in Sicht. Die Weltlage und niedrige Pegelstände an deutschen Flüssen könnten die Inflation weiter treiben.

Konjunktur: Inflation könnte in den nächsten Monaten weiter ansteigen

Düsseldorf - The federal statistics office has confirmed its preliminary calculations of an inflation rate of 2.8 percent in July. Consumer prices rose by 0.8 percent from June to July. "Energy prices continued to rise above the average and remained the main driver of price increases," explained Ruth Brand, president of the Statistical Federal Office.

Inflation could further increase in the coming months due to rising energy prices. The ongoing conflict between the US and Iran remains unresolved, and hopes for reopening the Hormuz Strait, a crucial maritime route for global oil and gas trade, have so far been dashed. This narrow strait, which is blocked due to the ongoing conflict in the Persian Gulf since the end of February, is significantly impacting a country like Germany that relies heavily on imported raw materials.

In May and June, the federal government reduced the energy tax on gasoline and diesel by nearly 17 cents per liter, dampening price pressures, and the inflation rate fell to 2.3 percent in June. The oil price shock caused by the Iran war pushed inflation to the highest level since January 2024, reaching 2.9 percent in April.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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